The Payment and Settlement Systems Act
37Power to remove difficulties
(1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provision is not inconsistent with the provisions of this Act as appear to it to be necessary or expedient for removing the difficulty:
Provided that no order shall be made under this section after the expiry of a period of two years from the commencement of this Act.
(2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.
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MISCELLANEOUS
- 32 Act to have overriding effect
- 33 Mode of recovery of penalty
- 34 Act not to apply to stock exchanges or clearing corporations of stock exchanges
- 34A Act to apply to designated trade repository and issuer
- 35 Certain persons deemed to be public servants
- 36 Protection of action taken in good faith
- 37 Power to remove difficulties
- 38 Power of Reserve Bank to make regulations